I am sitting at 93% funded for target withdrawal rate, and 35x base expenses (including mortgage payments). My target withdrawal is 33% above my base expenses.
I am really, really tempted to 2MY it to pay off my mortgage, I was always planning to retire with a mortgage, ‘cause ya know, higher rates of return in the market and all that, but now, I am not so sure. I feel like I should do more to recession proof myself before I pull the plug completely. The problem though is that my current job is temporary, with a hard stop at end of Q1 2021, so I would have to apply for another job. I should really start looking now, but I really like my current job, and it would be great to go out on a high note. Decisions, decisions. The closer I get to the end, the more difficult it is to pull the plug. I am especially worried about a downturn during the beginning of my retirement, since this bull market is long since stale. To top off the anxiety, the province I live in is several years into a recession with no end in sight, and the government has put in place austerity measures.
This can’t be just me going through these thoughts so close to the end?